Russia

CEE trade with Germany slumped in 2023

Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s…

11 months ago

Slovak u-turn: Fico gov’t set to allow Ukraine arms sales

Slovak Prime Minister Robert Fico appeared to renege on his election promise to not send “another bullet” to Ukraine on Tuesday,…

11 months ago

Fico calls Ukraine ‘frozen conflict’

Slovak Prime Minister Robert Fico has reiterated his stance that Russia's war with Ukraine is insoluble, stoking fears that he…

1 year ago

Czechia upped to stable rating, after delinking from Russian gas

US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration…

1 year ago

Slovak PM cancels military aid to Ukraine

Incoming Slovak Prime Minister Robert Fico did not waste time to state his positions on the war in Ukraine when…

1 year ago

Kallas on brink over husband’s Russia links

Pressure to resign is building on Estonian Prime Minister Kaja Kallas amid revelations that her husband part-owns a company that…

1 year ago

Sanctions cannot bring Russia to its knees – MOL CEO

Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference…

1 year ago

Duda lays out priorities ahead of NATO summit

Polish President Andrzej Duda outlined five key areas for action for NATO on Tuesday, after international consultations in The Hague,…

1 year ago

CEE leaders react to Russian revolt

An apparent attempted coup d'etat led by the head of a mercenary group in Russia over the weekend set off…

1 year ago

Sberbank leaves Austria, completing EU exit

Russian bank Sberbank announced its complete withdrawal from the European banking market with the sale of its remaining shares in a EU…

2 years ago

Russia-EU trade hit by invasion – Eurostat

The EU's official statistics office Eurostat details the effects of the bloc's sanctions and trade restrictions regarding Russia in the…

2 years ago

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

2 years ago

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

2 years ago

Poland’s Orlen losing millions over Russian oil ban

Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company…

2 years ago

Bulgaria election ends in stalemate, but gains for pro-Russian party

Bulgaria's conservatives and liberals were practically neck and neck with votes still being counted after the country's fifth election in…

2 years ago

Morawiecki suggests ways to fund Ukraine war

Polish Prime Minister Mateusz Morawiecki called on Germany to up its support for Ukraine as Europe continues to search for…

2 years ago

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

2 years ago

Montenegrin president to face new rival in run-off vote after narrow election victory

Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday's presidential election ballot, well below the majority needed…

2 years ago

EU imposes new sanctions on Russia

The EU on Saturday released its 10th package of sanctions against Russia targeting 87 individuals and 34 entities to mark…

2 years ago

Russia cuts oil supply to Poland

Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen…

2 years ago